Work Longer, Live Longer
There’s finally an answer to an age-old question: How can you live a longer, more satisfying life?
The answer: work past the traditional retirement age of 65.
A new study published in the Journal of Epidemiology & Community Health looked at the risk of dying for different age groups of Americans, and compared it to their retirement age. The researchers found that the likelihood of dying in any given year was 11% lower among people who delayed retirement for just one single year—from age 65 to age 66. By age 70, people who continued working experienced a 38% lower risk of dying than people of the same age who had retired at age 65. By age 72, the risk was 44% lower. These results seemed not to be affected by other variables, like gender, lifestyle, education, income and even occupation.
Why is working longer good for your health? The article suggested that when you continue working, even part-time, your normal age-related decline in physical and mental functioning happens more slowly. You’re having to stay engaged in the complicated work-world, which keeps you sharp—and, apparently, alive.
Source: http://www.wsj.com/articles/retiring-after-65-may-help-people-live-longer-1462202016
Post by Phil Ratcliff
Phil Ratcliff, President of rebel Financial, is a senior financial advisor that holds an AIF®, CFP®, ChFC®, and CLU® certifications. He started his career at American Express Financial Advisors in 2003, then moved to AXA Advisors for 7 years before founding rebel Financial LLC in 2013.
